Leasing vs. buying equipment
I have been thinking recently about leasing mowers instead of buying them, I have been wondering why spend $10000 or more on a depreciating investment that has a limited write off when you can lease a piece of equipment and have a new one every two years so you always have a warranty. I know you don't have ownership at the end but who wants a 10 yr old mower that won't be worth anything at the end of that time period anyway? Also, I was wondering if there were any tax write offs that you can get if you lease your equipment instead of buying it. Im sure that you guys here know the pros and cons of each so Im interested in hearing your response.